Seeen PLC said on Friday it had raised gross proceeds of about 2.6 million pounds ($3.1 million) through a fundraising to support sales and marketing teams and invest in technology development projects.
The London-based media and tech platform first revealed it on December 1. On July 7, it plans to raise up to £3.1m through a rights issue and open sale.
The company said at the time it planned to place about 42.8 million placement shares at an issue price of 6p each, a discount of 14.3% to its closing price on Dec. 12. 6.
Entry of the shares is expected to take place on December 12th. 30.
Shares were flat at 6.5 pence by 0950 GMT.
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